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The Independent

Demand for credit slows with raising interest rates

Kampala, Uganda | THE INDEPENDENT | The banking industry has defended its changing mode of operation which sections of the public describe as less friendly, saying they have learnt from the effects of global shocks on the businesses and economies generally. In recent times, Bank of Uganda has compelled commercial banks …

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Carvalho seals dramatic Liverpool comeback win over Newcastle

London, UK | THE INDEPENDENT | Fabio Carvalho’s 98th-minute goal gave Liverpool a dramatic 2-1 comeback victory over Newcastle United in Wednesday night’s Premier League clash at Anfield. Alexander Isak’s clinical strike seven minutes before the interval handed the visitors a lead but the Reds moved back on terms courtesy of …

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WHO says traditional medicine key to easing Africa’s disease burden

Nairobi, Kenya | Xinhua | African countries should harness traditional medicine that has proved effective in the management and cure of ailments afflicting the continent’s population, a World Health Organization (WHO) official said on Wednesday. WHO Regional Director for Africa Matshidiso Moeti underscored the critical role of herbal medicine in lessening …

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Uganda’s debt distress worries MPs

Kampala, Uganda | THE INDEPENDENT | Parliament has asked government to develop mechanisms that will ensure the country returns to a low risk of debt distress. During plenary on Tuesday, 30 August 2022, Parliament approved two reports of the Committee on National Economy on the State of Indebtedness, Grants and Guarantees …

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Zombo performing artists sacco leaders fight over emyooga cash

Zombo, Uganda | THE INDEPENDENT | The leaders of Zombo district performing artists and Zombo district gospel music association are bickering over the alleged illegal withdrawal of emyooga cash. Zombo district performing artist association is accusing the District Commercial Officer Lamet Olum, of reportedly conniving with the gospel music association members …

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